Menu
Part of the EIB Group
Search

Garden Living: green makes you feel good

Read out loud
14 Dec 2020# min read

GardenLiving is “a green oasis, a one-stop shop for our customers” (both B2B and B2C) offering indoor and outdoor plants and garden related products and services. The business sets itself apart from competition as the first green lifestyle concept in Finland.

Finnish nature, Dutch inspiration

“We wanted to give Finnish horticulture a different touch, something out of the ordinary. We wanted to build a space where the client could get both services and products. With our in-house expertise and know-how, we can deliver outstanding design from landscape architecture, interior green design to garden maintenance and revamping,” explains Eva Wuite, founder and manager of GardenLiving.

Eva, who is half-Dutch, half-Finnish, gets her inspiration from Finnish nature and the trends in the Netherlands. “The Dutch horticulture market is world renown and there is a lot of potential for development in Finland,” she says.

Liquidity emergency

The business managed to navigate the challenging pandemic crisis with the help of an EU-guaranteed loan through Finnvera, backed by the EIF: “Covid-19 hit. We went into lockdown and everything stopped. When the Horeca [hotel, restaurant, caterer] sector shut down, all our orders to Horeca stopped immediately. But bills had to be paid - for all the stock of products we had bought for the entire season (April-October). That’s the point where you urgently need more liquidity. “We needed this extra loan to cover this difficult period. It helped bridge the gap and also allowed us to expand our services as well as planning for e-commerce as the second wave intensified. ​​​​​​”

We needed this extra loan to cover this difficult period. It helped bridge the gap and also allowed us to expand our services. ”

- Eva Wuite

Post pandemic growth

Despite the sharp drop in sales orders in the beginning of the COVID-19 pandemic, particularly on the B2B side of the business, demand on the B2C front has increased: “As the months went by and people stayed at home,” Eva explains, “they started to spend more time taking care of their gardens. They started to value different things and put more effort into making their home a nice place to spend considerable amounts of time. So that helped a lot.”

With shorter winters up north, Eva is confident that the business has a lot of potential going forward. “If there is one thing that I can tell you for sure, it’s that green makes you feel good,” she concludes.

About Garden Living

EIF financing

These are funding initiatives from our portfolio used to support this company

COSME LGFEFSI

Financial intermediaries

EIF partners participating in this transaction to match our resources

Finnvera

More stories like this

Find more information about EIF activity in your country

Related products

EIF other initiatives similar to this transaction which supported this company

Equity productsInvestEU Equity products